There are many business expenses tracking apps available on the market, but not all of them are created equal. The best business expenses tracking app will allow you to easily and quickly track all of your business expenses in one place. This will help you stay organized and on top of your finances. The app should also allow you to export your data into a spreadsheet or other format so you can track your expenses over time.
Here are five important business expense tracker apps that can help your business and workers record and track company expenses more accurately and faster than ever before.
Best Business Expense Tracker App
- BizXpenseTracker (BXT)
- Concur Mobile
- Expensify
- Goodbudget
- EveryDollar
- Quickbooks
1. BizXpenseTracker (BXT) – Best For Small-Business Owners
BizXpenseTracker (BXT) is a great all-around tracker for small-business owners. If you want to keep track of all your expenses, stay organized, and save money then all you need is BizExpenseTracker. BXT has been tracking the market for spend, miles, and time since 2010.
The BXT Business Expense Tracking App provides a full-featured small-business cost management program that lets you create PDF and CSV reports for Excel import. The program allows for quick and easy on-screen screening as well as email file attachments. Now you can save mileage and travel time with its live mileage tracking feature. This expense tracker app allows you to modify hourly, daily, or per visit, rates to monitor time. The program also simplifies the calculation of overtime.
Features:
- Mileage tracking
- Create PDF and CSV reports
- One-click export
- Real-time expense reports
2. Concur Mobile – Best For Travel Expense Tracking
Small-business owners who want to remain competitive need to be able to report full costs and expenses quickly and accurately. You can automate and integrate expense management with the Concur mobile app. Concur Tracking App collects expenses and receipts from various sources and then processes the data into reports. This is the No. 1 Expense Tracking App to track Travel Expenses.
The Concur mobile app streamlines the expense reporting process by allowing you to track travel expenses and refund workers faster. Concurrency TripLink provides travel management access to track travel expenses even if your employees book directly.
Features:
- Travel expense tracking
- Create CSV reports
- One-click export
- Real-time expense reports
- Real-time travel notifications
3. Expensify – Best to Capture Business Receipts
Expensify is an important program for tracking and managing business receipts and expenses. It was first released in 2008 to scan, read and import all receipt information. This also includes adding foreign funds. This expense tracking app allows you to link your credit cards so that business expenses are automatically tracked.
Expensify can send business receipts directly to the management team or accountant, a feature allowing for rapid approval or rejection of any expense. Employees can be reimbursed quickly because Expensify has a next-day reimbursement feature. You can also quickly and easily generate reports by categorizing, tagging, and grouping each expense. You can get a few free scans each month with this free expense tracking app.
Features:
- Capture business receipts
- Scan, read, and import receipts
- Next-day reimbursement feature
- Manage foreign currency
- Easy to record expenses
- Sync your credit cards
4. Goodbudget – Best Budgeting App For Beginners
The GoodBudget app is specially designed for budgeting. GoodBudget is the best expense tracker app for beginners that can track and record all household expenses. It can sync between mobile devices and the web, which allows users to record and organize their expenses in every way they can. The app allows you to specify a predetermined monthly amount for different categories of expenses such as rent, food, daycare, transportation, and loan repayment.
The user goal should not exceed the amount or budget specified in each envelope. If the budgeter overspends in a category, the virtual envelopes turn red, while the remaining funds appear green in this free budgeting app. The app is built to help users stick to their budget.
Features:
- Best for creating a budget
- Good app for beginners
- Track household spendings
- Easy to record expenses
- Download report
- Monthly comparison
Read More: Types of Finance and Financial Services
5. EveryDollar – Business Expense Tracking and Budgeting
EveryDollar is another business expense tracking app that connects to your bank account, imports transactions, and keeps track of your expenses. It is an essential financial planning app to create a monthly budget. Furthermore helps you not to spend more in any area. Here, you can check your daily and monthly spending with the digital expense sheet.
Features:
- Business finance tracking
- Create a budget
- Auto addition and subtraction
- One-click export
- Easy to order debt records
- Download report
